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20130417
20130417
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's really about technology. because none of these unconventional shale plays would matter if we didn't have the tech to make it economical to drill it. what we really have is an energy technology revolution and these advances aren't unique to north america. they're spreading all over the globe, and who's spearheading this transformation? who represents the vanguard of the oil revolution and its intellectual property? easy. that's core labs. clb. i like to think of it as a technology company that happens to be in the oil service business. core's proprietary technology helps oil companies figure out where to drill. it also helps them squeeze more crude out of existing reservoirs. now, core labs got hit hard today, down $3.41, 2.63%. the company just reported a terrific quarter. 7 cent earnings beat off $1.15 basis. revenue coming in higher than expected up 11% year over year. and raising its guidance for next quarter. don't have a lot of companies doing that. i think the stock bounces back and then some tomorrow. typically core labs is one of those stocks that seems to get hit every tile time
-yah to ya! >> hey, sunshine, what's shaking? >> caller: not much, man. my stock is arine technology. unfortunately, i got it when the company went public on the ipo day. what do you think about this? >> i was surprised the stock didn't act better, given how many ipo positive initiations there were today. i think the stock is a buy. i like that kind of programmatic advertising business for the web. i think you trade this thing up to 16, 17. i think you've got some room to run. all right. lots of ipos on the horizon. you know i'm liking this black hawk and seaworld. remember, not to chase in the after market, but slow and steady safeway is a good alternative if you can't get into black hawk. and you know what, fairway, real good produce. don't go anywhere. "lightning round" is coming up next. >>> it is time! it is time for the "lightning round" on cramer's "mad money." my staff prepares the graphics. when you hear this sound, the lightning round is over. are you ready, skedaddy? i want to start with joey in wisconsin. >> caller: hey, jim, you do a great job on "squawk on the street."
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